Industry Report

Assignment 1: Industry Report

prepare a double-spaced, two-page industry report summarizing the key ethical issues in the banking and finance industry.

 

Follow the structure given below:

Page 1: Outline of the processes in which ethics review boards and other governance bodies within organizations tackle ethical breaches, such as:

• Tax fraud
• Tax evasion
• Insider trading
• Embezzlement

From the banking and finance industry, cite at least one real-life example for the ethical breaches listed above.

Page 2: Provide a brief historical context of the Sarbanes-Oxley Act, 2002. Identify at least four major ethical questions in the historical context that made the Act necessary. Explain, with rationale, if the Act has made audited financial records more reliable.

Access the Argosy University online library and the Internet and use the given keyword strings to conduct online research on instances of tax fraud, tax evasion, insider trading, and embezzlement in the banking and finance industry.

 

All written assignments and responses should follow APA rules for attributing sources.

 

On Thursday, July 18, 2013

compile the report and post it to the M4: Assignment 1 Dropbox.

Grading Criteria:	Maximum Points
Provided industry practices relating to the functioning of ethics review boards
Provided appropriate examples of the four kinds of ethical breaches listed in the assignment
Provided the four major ethical questions that made the Sarbanes-Oxley Act, 2002, necessary
Provided a rational analysis of the effectiveness of the Sarbanes-Oxley Act, 2002
Wrote in a clear, concise, and organized manner; demonstrated ethical scholarship in accurate representation and attribution of sources, displayed accurate spelling, grammar, and punctuation.
Total